Allan Streib wrote:
Tom Monaghan is a case-study in successful entrepreneurship.

Maybe 30 years ago. In the 60's, Domino's was innovative, the whole idea of fast and fresh and delivered was a new concept. By the mid-late 1980's, the market wanted more than just a quick pizza and Coke. Somewhere around 1986-87 Domino's added a pan pizza to the line-up, and you started seeing Diet Coke in some stores, but the company had already peaked and was on the decline.

By 1990, it was becoming obvious that Mike Ilitch was kicking Monaghan's butt in their personal ego war. Example: Ilitch bought the Red Wings because he was a big time sports fan, and Monaghan bought the Tigers to show him he had more money than Ilitch. Eventually Ilitch bought the Tigers when Monaghan ran out of money. Only one pizza guy in Michigan is successful enough to own two major sports franchises. At least Monaghan got a world series out of it (1984), Ilitch hasn't won yet to my knowledge, but he's got a lot of Stanley Cup championships under his belt.

Mitch

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